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Eurozone bond yields plumb new lows after QE launch

There were concerns, however, that Bundesbank could struggle to reach its monthly share of asset purchases as yields on short-dated German paper traded below the ECB's threshold of -20 basis points.

PHOTO: REUTERS

London

YIELDS on bonds of nearly all euro zone countries hit record lows on Tuesday, a day after the European Central Bank began purchases under a 1 trillion euro (S$1.5 trillion) programme to revive inflation and economic growth.